I believe we're going to go sideways for the next weeks until we eventually compress and break to the upside, targeting the 27K region first.
If I'm wrong, I'd be looking at the 16K support level to be tested before looking for another entry.
Priceline of BNB / Bitcoin cryptocurrency has formed a bullish BAT and it is entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
Price action is also hitting the 50 simple moving average support.
Volume profile is showing less interest...
Priceline of Binnce Coin / Bitcoin cryptocurrency is forming a bullish BAT pattern and forming last leg, soon it will be entered in potential reversal zone to take bullish divergence insha Allah.
I have defined targets using Fibonacci sequence.
Buy between: 0.0023744 to 0.0023244
Sell between: 0.0024955 to 0.0026754
Atif Akbar (moon333)
Priceline of Bincance Coin / Bitcoin cryptocurrency has formed a bullish shark pattern.
Even though the price action has already hit the sell target area which is the Fibonacci projection of C to D leg, but if the MACD will give weak bearish signals then the price action can enter proper in sell target zone again.
Buy between: 0.0025990 to...
Priceline of Binance Coin / Bitcoin has formed a gartley and entered in potential reversal zone.
I have used Fibonacci sequence to set the targets as below:
Buy between: 0.0025394 to 0.0025004
Sell between: 0.0025703 to 0.0026442
Atif Akbar (moon333)
The priceline of Binance Coin cryptocurrency has formed an bullish shark pattern and entered in potential reversal zone.
The volume profile of complete pattern is showing less interest of traders below 0.0025507 stas where the price action has already touched and moved up and from here the priceline can hit the sell targets soon insha Allah.
The targets are:
Bnb continues to show some weakness vs BTC. It fell below the .004 area it bounced from numerous times before which isn't a great sign. It is slowly grinding down, and could be a sign that a move to .0036 is potentially coming. Resistance continues to be .0044. On lower timeframe charts you can watch to see if .004 does become old support turned resistance,...
In my last BNB analysis, I suggested that we could actually continue up within this large bullish channel against Bitcoin, and head towards the 50000 level. We're inching closer now, while weekly RSI is way overheated and the Ultimate Oscillator is entering the sell zone. Additionally, we appear to be hitting a resistance line within the channel. I thought we...
The last previous uptrends stopped just above the 2.618 & 1.618 Fibonacci extensions respectively. This indicates that we should similarly be expecting this time either 0.0035445 or 0.0049726 in extension, with 1D on a very stable uptrend (RSI = 67.793).
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Well Binance is one of the phenomenal centralized exchange out there, with just one year after it's relesed, Binance knock out many of the earliest exchanges with a very friendly app and website that looks like they're ready for the game. Even right now, the developing is quite massive with many offices opening in the certain city that CZ (Binance CEO) ambitiously...
#BNB repeated support on .5 fib
Ichimoku Cloud - 4hr TK cross below cloud, currently trading in cloud, so may see it dip a bit before bouncing off support.
Binance opening fiat-crypto exchange.